OpenClose Introduces AssistSeries Of Products

Posted by Orb Staff on March 25, 2009 No Comments
Categories : Residential Mortgage

OpenClose, a developer of Web-based mortgage software, has introduced AssistSeries – a new, integrated end-to-end suite of mortgage software products.

Developed to help mortgage companies and individuals create new business opportunities, the AssistSeries streamlines workflows and helps lenders automate more tasks with less software and capital, OpenClose says. Its design enables mortgage brokers, mortgage lenders, credit unions or community banks to configure the system to meet the needs of large enterprises or individual loan originators.

With the recent acquisition of LION MTS, OpenClose has integrated the LION mortgage software into its own Web-based solutions to create a new suite of mortgage products.

The integrated products are built upon a single technology platform to enable mortgage professionals to work with a single set of loan data, from initial consumer contact through post-closing and secondary marketing. This reduces loan preparation timelines, while also increasing security and profitability, OpenClose says.

The AssistSeries contains the following four product groups:

  • LenderAssist, a Web-based loan origination software (LOS) that combines traditional LOS capabilities with core lending tools, including pipeline management, mortgage processing, underwriting, closing, secondary marketing, accounting, post-closing and imaging in a Web-based environment;
  • DecisionAssist, an accurate, Web-based loan pricing and eligibility engine that is available with the LenderAssist product or as stand-alone solution;
  • ConsumerAssist, a collection of custom and template Web site products for lenders or mortgage brokers; and
  • BrokerAssist, a loan search and productivity suite featuring a loan pricing engine.

SOURCE: OpenClose

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